1923-03-26 — Page 4

BURNETT'S

FINEST LONDON

DRY GIN

Usique in Character, and Flavour.

GIVES THAT DISTINCTIVE EXÖELLENCE TO. A COCKTAIL

BURNETT'S Gin was a household word in London before most of the men who fought in the big war were born-AND STILL IS 1

SOLE IMPORTERS:

A. S. WATSON & CO., LTD.

WINE AND SPIRIT MERCHANTS, ESTABLISHED 81 YEARS.

Powell

Tel. Central 3146

NEW SHIPMENT

"PHOENIX"

255

SILK SOCKS

JUST UNPACKED.

"PHOENIX" AMERICA'S best SILK HOSIERY is GUARANTEED PURE SILK, with re-inforced: TOES, HEELS and FEET.

→ -**

Call and inspect them at

SPECIAL CABLE.

REGULAR MAIL SERVICE."

BLUE FUNNEL ÄRRANGE- MENT.

LOOAL AND GENERAL

THE CHINA MAIL-

TANNING FACTORY.

LOCAL COMPANY'S TROUBLES.

EXTRAORDINARY MEETING.

committed were discussed.

MONDAY MARUH 26. 19:3

amount to $500,000 per annum.7. In the meantime, Mr. W. Male it is difficult to say, but if anyw This is to be increased proportion. Humphreys, Managing Director, and wanted to buy it as a going ately so that, for example, it would has placed his resignation as Man concera probably they would double the present allowance if the ager of the Hongkong Hide and be a willing to, pay, that sum. sales reach $1,000,000. As it will Leather Company, Limited, in the Toe total value of the land and be apparent that the Management hands of the Investigating Com-bulldlags" works out at $297,000, and Tanning staff will be encour-mittee.

reckoning, it at $2.70 per square.

a

aged to work harder if they know All Correspondence is too foot. If the Banke foreclosed on bonus on nett profits will be paid lengthy to be put into this Report that, they might get $2 per share, Owing to pressure on space and to them, the Directors suggest that in full detail, but such is of course or perhaps $1.75. [China Mail SPECIAL.] limited time on: Sarirday it was the amount of such be left to the available to any Shareholder re- Mr. Cooke: The only assets of not possible to give a full report of discretion of the Directors, it being quiring further particulars on, ap- the Company consist of the land

and buildings 20 Singapore, March 25. the extraordinary general meeting understood that any bonus is only plication to:

Mr. A. G. Coppin, 40, Des Mr. Coppin: There Is the of the Hongkong Hide and Leather to be paid out of nett annual profite

Voeux Road Central, Hongkong. machinery, which stands to the ac Postal arrangements have been Co., Ltd, which took place at the and not to exceed 15% They

Naturally also the Company's counts at $127,000, but it is extreme made for the Blue Funnel's new company's office on Saturday would not be content to take passenger service to convey a re-morning, when the report and on the Management for $1,000 solicitors will be consulted and ly unlikely that it would realise gular mail service to the Far East. suggestings of the investigating per month only, but stipulate that directed to take such steps as are that figure unless it were being sold they must be allowed to pur- necessary for rehabilitating the for similar purposes. The stock is Mr. W. M. Humphreys occupied chasa 10,000 shares also, with an Company in a manner conforming valued at $20,000, but whether that the chair at the commencement of option to purchase within 12 to the requirement of the law of amount would be realised if it were

magd sold is again doubtful,ja the meeting and there were also months, about 5,000/6,000 shares in the Colony.

In conclusion it may be present Father Robert, Messrs. addition. Their appointment as

cancel the unsold $10 shares and A. G. Coppin, D. H. Blake, W. A. Managers to be permanent so long, mentioned that several prominent Mr. Seth Is it proposed to Dowley, Leung Yan Pe (Directors), as they hold 10,000 shares and and influential gentlemen are issuefnew shares at $4 each

Mr. Coppin replied that although Messrs. F. S. Cooke, A. Stevenson, manage the business profitably satisfied as to the good possibilitles W. W. MacFarlane, L. Dunbar, J. and faithfully. They to be allowed of your Company, and have ex- the scheme had not been formulated MacLachlan, E Pepperill, H. to nominato. one Member to the pressed willingness to back their as to the method of receiving new The In- opinion by, taking up much more capital the old phares would be Committee_recom- than their proportion of the 54 sub-divided. Humphreys, JH, Seth, R.F. Raven, Board of Directors, A. D. Humphreys, A. G. S. Morton, vestigating

mend acceptance of this offer, but shares."

Mr Humphreys: I don't think TROUBLE WITH TANNERS. **you have given a proper reply to THE REPORT.

following points before you

Mr. A. G. Coppin in taking the that question. 1. The Company is indebted to

Mr. Blake (solicitor) replied. He the Hongkong and Shanghai Bank-chair, said he would like to give ing Corporation to the extent of them some explanation as to the said that under the articles of as- secured by non-success of the company last sociation power was given to sub- about $180,000 Mortgage ou your Property, viz.: year, more especially to clear or divide the shares, and this was also Land, Buildings and Stock. This extenuate Mr. W. M. Huntphreys provided for by the Company's business has been bad not only in would be adopted whereby new indebtedness the Bark will insist be reminded them that last year articles. Therefore some scheme upon being reduced to $100,000,

Messrs. Butterfield and Swire advertise particulars of a steam launch for sale by private treaty.

The second annual meeting of the British Legion is being held at

Hall.

5.30 p.m. to-morrow in the City V. Sorby, and W. Armstrong atthis juncture wish to put the

The St. Stephen's College annual sports will be held on Thurs- day; the 29th inst. Lady Stubbs will present the prizes at 5.30 p.m.

A scheme for a competitive submission of plans for a new, more satisfactory type of public Ltd, Shanghai Municipal Council,

ricsha has been approved by the

Gentlemen's Tailors & Outfitters

Wm. POWELL Ltd. Borasonʊ HOTEL BUILDINGA.

he China Mailin

It

J

According to advertisement, the Chinese Maritime Customs for Kowloon and District will be closed on Good Friday and the Saturday following:

In their report the committee stated

"Gentlemen, You will remem her that at an Extraordinary General Meeting of the Share holders in this Company held at Messrs. W. G. Humphreys and Company's Offices on 29th Novem ber, 1922, it was resolved that an 2. From the nett profit of $76,000 the, Colony, but throughout the shares of $4, cach would be investigating Committee he form on Upper Leather, would fall to be world. They suffered from issued, leaving the present shares prolonged strike which certainly alone. The new shares would ed to look into the position of the deducted 7% Interest per annum, did not help them in their business, preamuably have new rights so as Company's affairs and thereafter to say $7,000, and bonus of 15% In addition to that they had con- to bring them in for dividends. make a report and recommenda- balance of neit profit to Managers tions to Shareholders. This con- and Tanners $10,350, a total of siderable trouble with the tannery However, that scheme had not yet

been worked out, dition being brought about by the $17,350, leaving available $58,650.00 staff which culminated in the

Mr. Humphreys asked whether fact that the Company in its first to pay off indebtedness to the Bank dismissal of one. lot of tanners in year of working had made a loss and provide a dividend if deemed March and their successors in the $4 shares were to take the place

August. The staff's work had been of about $94,000.

immediately advisable.

Mr. Blake replied that the Sto The following were then elected 3. It will be noticed that the bad and worthless and as a result of the unissued shares at $10 each. The total output of the Kailan to form an Investigating Com- Investigating Committee take there was considerable loss of raw shares would be cancelled and the Mining Administration's mines for mittee:-Hon. Mr. C. Montague figures of profits on Upper Leather material. That moming, he .con- $4 shares would take their place.

Mr. Seth': I take it that the dir- the Week ending March 10, Ede., Rev. Father Robert, Mr. A. G. only. There is still the profit of tinned, Mr. William Humphreys amounted to 68,507 tons and the Coppin, Mr. Leung Yan Po and say $80,000 on Sole Leather to be had pointed out to him the differ-ectors will see they get suitable guarantees from the new Managers Sales during the period to 82,491 Mr. Phang Ho.

considered, but the Investigating ence between input and outpat Amongst the questions the Mem-Committee is content to momen-It was plain that they could not before they hand over the Com- bers of the Investigating Committee tarily omit this in order to present a place a hide into pickle and bring 'stew in its By smashing a back-door had to put to themselves were the very conservative estimate of your it out the next day as a finished pany to them?

following

Company's possibilities. It will be product. It had to panel some person entered the Yayoye Toilet Co. opposite the Is it possible to profitably seen that $58,650 per annum avail-own juice" so to speak, and in the Saturday conduct a Tannery business in able for paying off indebtedness case of upper leather it had to stop for about twenty-five days. Sole China Mail office on

and/or dividends, can be earned on leather had to be left for three fight and stole razors and toilet Hongkong?

one side of your business only.

Thus, at the end of requisites to the value of $92,

months.

tons.

A Chinese woman living at 175. Laichikok Road was admitted to the Kwong Wah Hospital yester day. She is belleve to have taken arsenic after quarrelling with her husband and his concubine.

was. ably demonstrated how practice

in

is conversation

the

*TROTH, JUSTICE, PUBLIC SERVICE" HONGKONG, MONDAY, MARCH 28, 1923. essential,

IMPORTANT EDUCATION

CONFERENCE.

Our entire education system facing revision, after that recent public 'meeting, Hongkong will read with interest the deliberations of the ninth annual conference of the Kwangtung Educational As-

that

In the couse of their investiga- tions the Committee had much as-

on

The Chairman: Most certainly that will be done..

Mr. Raven: How do you pro- prose to reduce the expense from $50,000 to $25,000 per annum?

Mr. Coppin Under the former management, the expenses of the twenty-five days they were pro General Manager are $1,000 per ducing the full output in upper month, secretary $600 per month leather, and in three months they and $400 for office use. would be producing the full output administration and general ex-

Denses in the accounts were of sole leather.

335,653,84, and trading expenses

The

With regard to the possibilities of a tannery business in this Colony

were $15,019.65. It is suggested he would mention that at the pres that the new Managers,take $1,000, sent time Messrs. Yue Yue Hong and they are agreeable to this, were erecting a tannery alongside cover everything. The general their own premises, SD that and trading expenses are included they, at least, had great faith in the in the working costs and other industry, Mány Industries bad

administration expleases. suffered loss on their inception. Mr. Pepperill Father Robert and, it was only after they had was good enough to give us in- gained experience from mistakes formation about a similar firm in made at the beginning that com- Indo-China during the War. Does panies achieved success

he know how the firm is progress- Father Robert, also a member of ing now, and whether it is under the Committee, told the meeting Europeda or Chinese manage that had the Investigating Comment? Ma mittee thought the maintenance of Father Robert: The Company the Hongkong Hide and Leather was formed twelve years ago and Company, Limited, could not give it has always been under French be entitled to buy 75 shares at $4 remunerative results, they would management. It is still doing very cach (equal $300 in all). Thus he not have hesitated in recommend well, and is in a flourishing con would have 175 shares costing is ing the shareholders to wind the dition. It is one of the most

company up. The unsuccessful prosperous firms in Indo-China to all $1,300 an average of say $7-45 working of the past year was not lay, They get all their skins per share).. On this basis additional capital at all a practical demonstration of from Yunnan and Indo-China, and the impossibility of running although this sort of thing is not would be raised as follows

at 14-

The Investigating Committee suggest that the 51,657 unsold Shares be offered as follows

To offer to existing Shareholders three shares for every four shares present held at $4 per share..

(Example: Every holder of 100 shares for which he has paid Sto each (equal ($1,000 in all) shall

at

2Are Tanneries being success fully worked in other places under

4. There then remains the matter conditions which apply to Hong of raising Additional. Working Cap kong in respect of climate, labour itat, in which connection careful attention should be given to the and other difficulties?

3-As investigations show it is following remarks, viz.

The Company's present Share possible to profitably work Tannery business here; and that in con-position is tiguous places such industries are Shares paid for in full at $10

each........

$48,202 The next Hongkong Univer-being conducted with considerable sity Matriculation and Senior Local profit, how is it the Hongkong Shares subscribed for

Hide and Leather Co., Ltd., is which $5 only has been Examinations will be held in working at such a large loss, and paid.................vise 141. tion for the use of teachers the week commencing Monday, what steps can be taken to remedy Shares unsold....... 51,657

June 11. Entry forms should reach the Company's position? elementary.. schools.

the Registrar not later than April 1.

Total $100,000

The China Sugar Refining not only for Company and the Hongkong Fire sistance from a firm of Tanners in Insurance Co., Ltd. both hold their Canton, which is working at a good learning of English, but also for annual meetings at the offices of profit, and which at the Investigat ing Committee's request drew up a the production of that proverbial Messrs. Jardine Matheson and Co., Questionaire dealing with the "readiness" indicated in Bacon's Ltd. to-morrow, the first at 11.30 whole matter. Some of the salient famous essay. "The basis, flower and the second at noon.

points brought out, fbased on re- plics made by the Company's pre- and pinnacle of English in During the forty-eight hours sent Management to the Question Conversation" was accepted as an cnded yesterday the following aire) compel the Investigating axiom by, the meeting, and the communicable diseases were re Committee to form the follow- ported:-Small-pox, two Chineseing conclusions and offer feeling was unanimous

diphtheria, one Chinese enteric the resulting recommendations. colloquial English, must be fever, two Chinese and one British made the foundation of all

(a) Administration, Tannery and The announcement has been Instruction. Delight, as well as

made by Mr. and Mrs. K. T. Su of Trading Expenses have been be four days last week. The Colony's teachers, was what everybody felt Geo. C. Su, general English annum. These can be cut down to interest in this conference will be

must result from Mr. Bird's method. secretary of the Nanyang Brothers $25,000 without loss of production because several -the

greater

Formal grammar was justified on Tobacco Co., Shanghai, to Miss or efficiency. teachers took

(b) Reply to No. 20 in the Ques Lucy Lu, the grand-daughter of the the principle that by rules errors late Sir Lu Choh-feng Hongkong

tional shows the Factory to be prominent part in the proceedings can be anticipated and correct-

capable of producing $922,167.84 in Professor Simpson, University ofed by the hundred, whereas, by The Hongkong, Canton and Upper and Sole Leather per annum Hongkong, presided over the Secthe purely direct method only one Macao Steamboat Co., is run-of 52 weeks, whereas the Trading

ning a tional Conference on the teaching arror can be corrected at a time.

excursion Account shows output valued at special

Easter $133,271.21 in 40 weeks working of to Macao, during the of English to Chinese, and the Miss Atkins presented some strik-holidays. The ss. Suf. An the first year of your Company. feading speakers were from Honging examples of the disasters that leaves Hongkong on Easter Sun Even on 40 weeks working the out kong. Miss Atkins, of St. Step-fall upon those, who without day at 9 am.. and returns from put should have been over $700,000

instead of $133.271. hen's Girls' College, spoke on having had any instruction in Macao on Monday at 3 p.m.

The Value and Place of Gram formal grammar, try, as, all mar and Paraphrasing," Mr. Bird,

students sooner or later must try, Headmaster of Ellis Kadoorie

to learn words from a dictionary. "The Boys School, spoke on

The meeting was in pretty close Teaching of Elementary English with Special Reference to the Use accord with Professor Forster's Professor contention that all teachers of of Dialogues," and Forster, University of Hongkong, Elementary English should have a

Some Practical Suggestions knowledge of

CONCLUSIONS.

sociation, held in Canton' during instruction for pupils, and even for the engagement of their son Mr.tween $50,000 and $5,000 per 48,202 at 3 for each 4 held-36,150/leather factory with good results much in my line of business, I

14

-ort

upon

Phonetics for the Teaching of English which to base their work. The

-

To the New

$184,600

be

They had, of course to understand there are equal op $144,600

admit their non-successo portunities in the Colony of Hong- " far, but they had given their kong Managers 10,000 at $4-$ 40,000 opinions as to its causes, and Mr. Coppin then proposed the

hoped they had shown the trade following resolution:

"That the Directors of the basis on whichthe enterprise could pay in the future. At least they Investigating. Committee had bought a useful experience, authorised to negotiato with the The New Managers (option one year)

though at a very dear price, and Canton firm of tanners and propare 4,646

they had been taught what to a scheme for the provision of new Plus possible 141 on

avoid. Many faults had their recapital for the Company. which $5 only has

medy, and the Committee believed

Mr. Coppin mentioned that any been paid 141

that if the, shareholders would shareholder could propose an agree to the charges proposed, amendment if he wished, and 4.787 at $4 per share they would retain an industry could propose the winding-up of (c) The investigating Com- (The $4 shares to rank pari passu which would thrive in the Colony the Company altogether. Three earth coolies employed mittee is of the opinion that the as regards dividends, etc, with The industry was a paying one in

Hankow Shanghai, and in Indo Mr. Cooke Will the manage ment of the Company be entirely by Sang Yuen, contractors, work-seat of the trouble lies in the fact those paid for at $10), ing on the cutting at Coronation that working has been intermittent Particulars respecting making China. He knew of one firm in in Canton, or in Hongkong? Road, near the new police station and at no period in full swing, and both issues of same value to form the latter place that had paid as Mr. Coppin replied that the man- agement would be, in Hongkong, at Mongkok, were killed yesterday that administration expenses hay the subject of further discussion much as a 200 per cent. dividend

during the War. He was glad to and there would be a preponder- through a big boulder rolling down not been warranted by output. The with shareholders.

If some of the present Sharehol say that the new Managers, who ant majority of Europeans on the the embankment. Their bodies Committee considers the remedy were removed to the Kowloon lies in economy in administration ders (after a prescribed period) do were willing to take over the Board of Directors Mortuary

“Mr. Dunbar then seconded the re- and better Factory and sales not signify their intention of taking management of the Company's

w up their additional proportion of affairs, were as optimistic regard solution, which was put to the management When asleep it about 4 am (0) The Committee is of opinion Shares as indicated above, such ing the welfare of the Company as meeting and carried unanimously. to Chinese." The speakers succeed opinion was expressed that a grave yesterday at No. 45, Nathan Road, that on an assumed output of 3500 Shares shall be offered elsewhere, the Committee

vote of thanks to the Chairman a married Chinese woman was pieces of Upper Leather per fort so that sufficient working Capital Mr. Coppin then remarked that and to the Investigating Committee ed in stimulating to lively mistake is made in many schools awakened by the sound of foot night (a modest computation) the may be raised for the continuance the investigating committee had was passed on the motion of Mr.

Seth discussion a meeting of about two by entrusting the teaching of steps. She saw two men, one, of Factory can make a nett profit per of the business as a going concerns been very conservative in the the Company. Ho hundred teachers and educational elementary English too much to the whom had a revolver. In spite of annum of $76,000; also that 3,000 and to pay off part of the Com-running of students. Discussion was particul-wonker and less experienced mem-the danger she raised an alarm and Hides may be converted into Sole pany's indebtedness to the Bank himself has been employed in 5. The alternative appears to going into various figures and had the men escaped by the verandah Leather per month at a cost which

should show an additional profit of your Investigating Committed to been particularly careful as to raw arly lively with reference to the bees of the staff. Good instruction without taking anything.

over $80,000 per annum. These be to wind up the Company, Inmaterial and expenses. He had teaching of Grammar. Several at that stage would prevent half

Mr. M. Kane, new assistant quantities are taken from replies to which event it is estimated the entirely ignored any profit on sole motions were put to the meeting the difficulty that is experienced at manager of the Astor House; the Questionaire, and

amount available for distribution leather (e) The Canton Firm of Tanners after liquidation of all outstand MF Coppin then asked if there with a view to getting a definite the later stages.

Shanghai, arrived from San Fran expression of opinion on this point, These are a few of the many cisco on the "Shinyo Mare Mr having visited and thoroughly in ing abilities, will not were any questions. and the most popular motion was points which the speakers submit Kane, who comes from tife Hotel spected your Tannery have ex- exceed $2 per share for Mr. Dunbar When will the to the effect that instruction in ted for the eager discussion of the Manx, was formerly with the pressed surprise that with such a which you have paid $10. Share Chinese pay for these 10,000 shares

Palace Hotel In San Francisco and good equipment a loss has been holders therefore have to decide which they are going to take up English Grammar, although essen conference. Men and women, Eas was a member of the executive made grade whether they will take up 3 more Mr. Coppin Their first pro tial, ought not to be undertaken intern teachers and Western, all staff at the St. Francis Hotel for RECOMMENDATIONS. shares at $4 each for every 4 shares tion was that they should be a

for which they have paid $10 each, ed to take them up within the year "At the Investigating Committee's the case of Chinese students until took an active part in the de-seven years.

suggestion the Canton Firm of or let the Company gothto liquids. We think that is father too long after the completion of three years bate and all had something to Major G. L. Oliver, Middlesex Telexpress willingness to tion, with a possibility of ultimate and we hope the that will be English study. This would mean, learn from each other. Such con- Regiment, has been transferred to undertake the Management of your ly getting-say $2 for every $10 so duced to three months.

ferences can be made to play in the King's Regiment. This officer, Company, contingent upon suffi: far invested.

6. The Investigating: Camy do you put or om Important part in this part of the who was latterly serving with one cient world, because they are the only

for most Chinese, at about the age

Taarteen Mr. Bird's exting

of the use of his dialogues attracted

means of intercommunication be-

so much attention that expressed a hope that the dialogue from which he qui might be work-

de Widely available by.out.

tutions -- doing similar great distances from

he disbanded Diehards, tolk.

ary: wisming,thu

tations of the and pro

the Great holde

the Medal and the British

served, in St. Ma

frican

pital-being raised

his additional

MrH: Humph

After 35 years service in the Chinese Maritime Customs, Cip- tain JL.G. Myrhe, Harboutmaster

A at Shanghai, has resigned Captain.

Myihe, who is a Norwegian, ent:r- ed the service. In 1888 na third officer on one of the revenue cruisers, becoming commander in 1891. Since then his promoti has bec tinnous, until in 19174

Carlson as